St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-11-13

A KTICLES OFINCORPORATION. Know
n all men by these presents, that we.
whose names are hereunto signed. associate
ourselves together for the purpose of form
ing and organizing a manufacturing corpor-
alton. under the laws of the state of Mime
sofa, and for the purpose aforesaid, and in
accordance with the provisions of
the statutes of the state afore-
said, in said eases made and provided, adopt,
by our signatures hereto affixed. ratify and
confirm all and singularly the following ar
ucles OF incorporation. as well as this declar-
alton i'll that behalf:
Article First-The name of the corpora
ton shall be The Simmons Refrigerator and
Cold Storage company. The general nature
of the business of this corporation shall be
the manufacturing and selling of refriger-
ators and cold storage boxes, the building
and operating of cold storage warehouses
the buying and selling of all kinds Of ma
terial, machinery aud merchandise incident
to said business, one, either, or all of them
to acquire and hold and dispose of such
land, real property and hereditaments as
for the proper conduct of the corporation.
The principal place for the transaction of
the corporation business shall be in the city
of st. Paul, county OF Ramsey and state of
Minnesota.
Article Second-The time of the COM
mencement of the corporation business shall
be the 10th day of November A. D., 1887,
and the period of said existence thirty years
from the last mentioned date.
Article Third-The amount of capital stock
of said corporation shall be Two Hundred
Thousand Dollars (S2O0,00O), which shall be
issued and paid for at such time and in such
manner as the board of directors, hereafter
designated, and their successors, shall de-
termine and direct: provided always it be so
issued in accordance with the law governing
the issuing Of stock in corporation. and pro-
vided such stock be not issued at less than
its par value. fully paid for in cash, or by the
purchase OF rights. privileges and property
at its and their fair market value first de-
termined by the said board of directors. The
highest amount of Indebtedness or unsecured
liability. aside from stock liability shall not
exceed Fifty Thousand $50, 0OO) Dollars.
Article Fourth-The names and places of
residence of the persons forming this asso-
citation of incorporation are as follows:
James Simmons, st. Paul. Mimi; E,W
Leonard st. Paul. Mimi: John j. O'Connor,
81: Paul, Mimi: John II. Schulze, St. Paul.
MINI.
Article Fifth-The government of this cor
poration, and the management of its business
and affairs, shall be vested in the board of
directors, consisting of three stockholders, to
be elected annually By the Stockholders OF
ors shall elect president and
secretary and a, treasurer for the
term of one year, who shall hold their re-
spective offices until their successors are
elected and qualified. and one and the same
treasurer. The first annual meeting shall be
held at the Office of the corporation in the
city of ST. Paul aforesaid, on the last Satur-
day of October, A. ID. 1883, and each annual
meeting thereafter shall be held on the same
day of each subsequent year. The officers of
this corporation shall be elected by the board
of directors within ten days after the election
of such board annually. The first board of
directors shall consist of James Simmons
Z. ". Leonard and John J. O'Connor, and
James Simmons shall be the first president
John j. O'Connor the first secretary and f.
W. Leonard shall be the first treasurer. ANY
vacancies occurring in either Of said Offices,
or in board of directors, whether occasioned
by death, resignation or otherwise, shall be
filed for the remaining unexpired term BY
the board of directors aforesaid The above
named board of directors are hereby directed
and empowered to adopt bylaws for the gov
eminent of this corporation.
Article Sixth-1he capital stock of said
corporation shall be divided into 500 shares
of twenty-five (S25) dollars EACH and be
fully paid and worcestershire.
In witness whereof we hereunto set our
hands and seal this 31st DAY of October. 1897.
JAMES SIMMONS. TSeal. l
E. W. LEONARD. seal. 1
JOHN j. O'CONNOR. 1Seal. |
JOHN II. SCHULTZ. Seal II
Executed in the presence of
W. A. BARR,
j. II. KANE